YEARLY HIGH
0.0651 HKD
YEARLY LOW
0.0599 HKD
YEARLY AVERAGE
0.0621 HKD

2016 JMD to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JMD to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 0.0651. Conversely, the yearly low was recorded on November 17, dropping to 0.0599.

This high-to-low spread represents a total annual volatility of 0.0052 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0646 to the December average rate of 0.0602, the exchange rate registered a net change of -6.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0651 was down 4.14% compared to the 2015 peak of 0.0679, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 JMD based on timing:

Yearly Peak High 325 HKD
2015 Average 332 HKD
Yearly Trough Low 299 HKD
Transaction Impact: A difference of 25.98 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0650
0.0596
JanuMarcMayJulySeptNove

JMD to HKD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0635, compared to 0.0607 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.0635
H2 Avg (Jul–Dec) 0.0607

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0011 HKD (High: 0.0633 / Low: 0.0622). On the other end, September was the most stable month, with a tight range of 0.0003 HKD (High: 0.0610 / Low: 0.0607).

May Spread (Volatile) ±0.0011
September Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0008 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0646) against the same month in 2015 (average: 0.0674), the exchange rate shifted by -0.0029 (-4.23%).

2016 Avg (January) 0.0646
2015 Avg (January) 0.0674

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0651 0.0640 0.0646
February 0.0646 0.0639 0.0642
March 0.0641 0.0637 0.0639
April 0.0638 0.0631 0.0636
May 0.0633 0.0622 0.0628
June 0.0623 0.0614 0.0620
July 0.0615 0.0611 0.0613
August 0.0615 0.0609 0.0612
September 0.0610 0.0607 0.0609
October 0.0609 0.0600 0.0605
November 0.0603 0.0599 0.0601
December 0.0604 0.0599 0.0602